Azerbaijani oil price grows slightly

Tural Ibadli
Post's author

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.58 or 0.47% to $123.87 per barrel, Report informs.

Yesterday, the Brent crude price was $119.03 a barrel.

The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a barrel.

The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.

Latest news

Head of Armenian Diaspora in Russia's Saratov leaves post after scandal involving his son 22 November, 2024 / 15:56
Trendyol at COP29: Presenting the 2023 Sustainability Report 22 November, 2024 / 15:55
Kyrgyz president approves agreement with Azerbaijan on elimination of double taxation 22 November, 2024 / 15:54
Towering waves batter Türkiye's northern coast as strong winds persist 22 November, 2024 / 15:50
Experts: Energy to be priority topic during Putin's talks in Kazakhstan 22 November, 2024 / 15:28
Ambassador: Oman aims to develop relations with Azerbaijan in all areas 22 November, 2024 / 15:20
Taste of Azerbaijan: Slow Food route uncovers culinary secrets of Greater Caucasus 22 November, 2024 / 15:13
Baerbock: Climate finance doesn't work without emissions reduction 22 November, 2024 / 15:01
Turkish, Palestinian FMs discuss situation in Middle East 22 November, 2024 / 14:56
COP29: Activists call for fossil fuel phase-out and climate justice 22 November, 2024 / 14:48
Turkish army eliminates 5 PKK terrorists in Syria 22 November, 2024 / 14:34
Szijjarto to discuss European energy security with Azerbaijan's Energy Minister in Istanbul 22 November, 2024 / 14:33
Azerbaijan, Türkiye mull green energy supply 22 November, 2024 / 14:31
Kazakhstan builds $68M oilseed processing plant 22 November, 2024 / 14:18
Pan-African Alliance for Justice holds series of events at COP29 22 November, 2024 / 14:10